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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Grocery and convenience stores
4192 Jonesboro Rd Forest Park, GA 30297-1064
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US22-4533124
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2013
Total area
3,779 SF
Lot
0.6 ac (26,136 SF)
Zoning code
C
APN
13-015D- C-003
UPID
US22-4533124
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
FAMILY'S TAXI Courier Service
-
Texaco Food Mart Grocery & Convenience Store
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Texico Gas Station
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$585k
Owner & transaction history
Zewdi Ents INC · 13 yrs held
Zewdi Ents INC
since 2013
4 recorded transactions
Zoning & alternative use
C · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the C district is to provide a land use category for a diversity of commercial uses that provide products and services on a regional level
Zone name
Commercial
General category
COMMERCIAL
Zone area
5.70 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$675,000
+26.6%
Office building
$625,000
+17.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$535,000
Current use
COMMERCIAL (GENERAL)
$675,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$625,000
Change: +17% · Conversion: Moderate
MEDICAL BUILDING
$480,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$480,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$155 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,780
Tax year 2024
Assessed value
$452,600
Assessed 2024
Previous assessed
$456,480
-0.8% YoY
Effective rate
3.49%
On assessed value
Assessed land
$104,560
Assessed improvement
$348,040
Land market value
$261,400
Improvement market value
$870,100
Total market value
$1,131,500
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2013
Heating
NONE
Total area
3,779 SF
Lot
0.6 ac (26,136 SF)
Zoning code
C
APN
13-015D- C-003
UPID
US22-4533124
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GAZoning C · permitted uses
C · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the C district is to provide a land use category for a diversity of commercial uses that provide products and services on a regional level
Zone name
Commercial
General category
COMMERCIAL
Zone area
5.70 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$675,000
OFFICE BUILDING
Est. value
$625,000
MEDICAL BUILDING
Est. value
$480,000
RETAIL STORES
Est. value
$480,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Lot
0.6 ac
Current owner
From public records · entity-resolved
Zewdi Ents INC
Entity
Mailing address
4192 JONESBORO RD, FOREST PARK, GA 30297-1064
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2013
$360,000
Zewdi Ents INC
Gec Atlanta LLC
Warranty Deed
—
Mar 25, 2004
—
Gec Atlanta LLC
Trico II Se Petroleum Corp
Warranty Deed
$4,125,000 · Ocean Bk
—
—
Zewdi Ents INC
—
Deed Of Trust
related
$600,000 · A R Brooks Ents INC
—
—
Gec Atlanta LLC
—
Deed Of Trust
related
$1,605,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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